Tantalus Systems (TSE:GRID) Sets New 12-Month High - Should You Buy?

Key Points

• Tantalus Systems Holding Inc. (TSE:GRID) reached a new 52-week high of C$3.76 during trading, closing at C$3.65 with a trading volume of 297,682 shares.
• The company has a market capitalization of C$187.05 million, a price-to-earnings ratio of -182.50, and a high debt-to-equity ratio of 203.30.
• Tantalus specializes in smart grid technology, transforming traditional grids into more efficient, reliable, and sustainable systems for utilities and communities.

Tantalus Systems Holding Inc. (TSE:GRID - ) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$3.76 and last traded at C$3.65, with a volume of 297682 shares changing hands. The stock had previously closed at C$3.48.

Tantalus Systems Trading Up 4.9%

The stock has a market capitalization of C$187.05 million, a price-to-earnings ratio of -182.50 and a beta of 0.37. The company has a debt-to-equity ratio of 203.30, a quick ratio of 0.51 and a current ratio of 0.96. The business has a 50-day moving average of C$3.08 and a 200-day moving average of C$2.64.

Tantalus Systems Company Profile

Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity.

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